Steel Products Prices North America
SMU Comparison Price Indices: Prices Continue Move Lower
Written by John Packard
October 19, 2014
On Friday, Steel Market Update adjusted our hot rolled coil price range to $620-$660 per ton and our average was adjusted to $640 per ton. All of the other indexes also moved lower on hot rolled coil and the average of the four steel price indexes moved lower by $8 per ton to $647 per ton ($32.35/cwt).
Cold rolled prices are in a tight range ($770-$775 per ton) down $3 per ton for the week (average of all indexes).
Galvanized prices were relatively stable (down $1 per ton) and Galvalume remained the same.
FOB Points for each index:
SMU: Domestic Mill, East of the Rockies.
CRU: Midwest Mill, East of the Rockies.
SteelBenchmarker: Domestic Mill, East of the Mississippi.
Platts: Northern Indiana Domestic Mill.
John Packard
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